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Healthcare Finance

PNC Equipment Finance has the industry expertise and leadership, the strength of PNC's funding resources and the equipment financing capability to deliver cutting edge solutions to meet the unique needs of today's healthcare providers.

Prescriptive Solutions for the Healthcare Industry

We've become a $1 billion leader in healthcare finance by dedicating resources and equipment expertise to the unique challenges of the healthcare industry for over two decades. We give healthcare providers, hospitals and health systems expert consultative guidance, market feedback on equipment pricing and information about the latest technology trends, which allows them to make the most informed equipment acquisition decisions.

What We Do

Having financed over $1 billion in medical equipment, we have an intimate knowledge of equipment pricing, vendors and technology trends specific to the healthcare industry.

We know the complexities of the healthcare industry as well as the financial, technological, clinical, organizational and regulatory concerns providers face.

We develop creative equipment financing solutions that account for decreasing budgets and an increasing need for capital. By forging strong relationships with our business partners, we have created some of the most innovative programs in the industry, including equipment-specific financing solutions for technology assets, master lease agreements, and all-inclusive integrated services packages.

We specialize in delivering comprehensive financial products and services customized for each healthcare provider by making an analysis of your institution's capital needs. These tailored vendor-independent solutions will efficiently streamline the equipment financing and acquisition process for you. Our consultants' knowledge of both historic and recent healthcare technology financing issues enables us to serve as your innovative strategic partner.

Healthcare Industry Challenges

Rapid technological advancements, new regulatory requirements, widespread consolidation, and market dynamics have changed the way healthcare providers do business and deliver patient care. Our healthcare professionals will provide solutions to help you manage today's healthcare industry challenges:

Solutions for Healthcare Providers

We provide a wide variety of equipment management and financing alternatives, some of which include:

Off-balance-sheet financing

Term leases and loans

Tax-exempt financing

Conservation of cash via 100% financing

Pre-approved cap-ex lease lines of credit

Project financing

Ability to offer pre-owned radiology and IT equipment

Experienced asset management group to assist in equipment valuation and remarketing

Our programs are designed to match your revenue stream and needs. Our most popular lease types and programs include:

Operating lease - An operating lease is particularly attractive when clinical, technical, or project risks make it necessary to update or replace equipment frequently, allowing equipment use without ownership, and return of equipment at lease-end to avoid technological obsolescence.

Hybrid-structure leases - Sometimes the best structure is actually a customized combination of several types of financing.

Services pass-through program - A lease structure where a specific amount of the monthly lease payment is allocated to the upkeep, service, software or support of the leased equipment.

Sale leaseback - Free up much-needed cash with a sale leaseback of your currently owned medical equipment. Often used on equipment with shorter life cycles.

Municipal/tax-exempt financing - Instruments that enable a tax-exempt entity to use annual tax revenue streams to make payments at lower tax-exempt interest rates.

Capital leases - Ideal for lessees who want ownership with a pre-specified buyout.

Integrated Services Agreement® - The ISA is an all-encompassing financial solution that bundles a variety of products and services into one monthly payment.

Solutions for Equipment Vendors

PNC Equipment Finance is dedicated to serving quality medical equipment vendors in the healthcare industry. We provide our lease financing expertise to customers nationally for a wide variety of equipment and financing solutions.

With PNC Equipment Finance as your financing partner, you can take advantage of our ongoing transaction support, state-of-the-art web-based technologies and personnel infrastructure, provided by our sales, credit, accounting and customer service specialists. We partner with vendors, manufacturers and distributors of healthcare equipment to provide the financing your customers want, and the ongoing transaction support that your company needs.

For equipment vendors, leasing gives customers the convenience of one-stop shopping for equipment and financing, a competitive advantage that translates straight to your company's bottom line. PNC can tailor a program that promotes your sales and repeat business.

We Offer:

Private label and co-branded programs that allow you to co-market your products with ours and creative products to meet your sales needs such as:

Non-standard terms

Reagent leases

Per procedure/per use leases

Rental programs

Supply leases

An equipment financing program provides priceless opportunities to build lasting customer relationships. It also allows your reps to close deals faster - increasing revenue volume and cash flow. PNC manages the credit risks and simplifies receivables, making leasing the top choice of savvy healthcare professionals. Our services include private label collections and web-based customer service, as well as co-branded leases to co-market your products with ours.

Financing the Assets That Power Results

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Fifth Largest Bank-owned Leasing Company

The Monitor's Bank 50 is out and PNC Equipment Finance is ranked the 5th largest bank owned leasing company in the United States. See what the experts are saying about the equipment finance industry and how we stack up against our competition.